Posts Covering Real Estate News
May 18, 2018 in Real Estate News
For home flippers seeking big returns, it seems Pennsylvania is the place to be. According to a new ranking, the average house flip brings in a 162.4 percent return on investment and nets owners more than $105,000 in profits.
May 11, 2018 in Real Estate News
Home buyers looking for a place to build equity should look to the northwest. According to new data from Veros, that’s where homes will see the most appreciation over the next year. Home values in the Seattle metro alone are expected to jump 11.1 percent by next March.
May 10, 2018 in Real Estate News
When it comes to selling your home, it’s all about the timing. In fact, according to new data from Redfin, which day of the week you list your home on could have a big impact on its sales price – as well as how long it’s on the market.
May 7, 2018 in Real Estate News
Want your new home to be as affordable as possible? Then avoid listings with “solar panels,” “craftsman” or “coffered ceiling” in the description. According to a new analysis, those three features can increase a home’s sales price by up to 40 percent.
May 4, 2018 in Real Estate News
Millennial home buyers are in luck. Thanks to increased adoption of digital mortgage processes, today’s up-and-coming buyers now enjoy the shortest time to close since 2014.
May 3, 2018 in Real Estate News
On the hunt for a tiny house? Then make your way to California. According to a new analysis, the state’s Riverside has the most tiny home listings in the entire country.
May 2, 2018 in Real Estate News
The real estate industry is turning green. According to a new survey of Realtors, sustainability is becoming increasingly important to home buyers and their agents alike.
May 1, 2018 in Real Estate News
The times, they are a-changing – at least when it comes to who’s buying homes. According to new data, the face of the American home buyer is evolving, trending “increasingly female, graying and childless.”
April 27, 2018 in Real Estate News
On the hunt for a green home? Ohio’s your answer. According to a new ranking, the Buckeye State claims three of the top 10 best neighborhoods in the nation when it comes to green housing.
April 25, 2018 in Real Estate News
For Millennials looking to buy a home, a new ranking suggests heading anywhere but the South. That’s where the majority of the nation’s worst states for Millennials are located, with New Mexico, West Virginia and Mississippi leading the pack.
April 24, 2018 in Real Estate News
Though it’s often assumed that eco-friendly housing comes with an inherently higher price tag, according to a new study, that may not be true. In fact, in some areas, green homes may even be more affordable than not-so-eco-friendly ones are.
April 20, 2018 in Real Estate News
Though a new report shows that just over half of U.S. housing markets have median prices above their pre-recession peaks, there’s a silver lining: the other half still boasts historically affordable homes. In fact, in some major metros, home prices are as much as 25 percent lower than their pre-recession peaks.
April 19, 2018 in Real Estate News
If you’re renting a house in hopes of saving money, you might want to re-think that strategy. According to new report, single-family rents are up significantly over the year – particularly on lower-end properties.
April 18, 2018 in Real Estate News
Looking for a new job? You might want to pack up and move West. According to a new ranking, the country’s best cities for job seekers are largely on the Pacific Coast, with five California towns making the top 10.
April 17, 2018 in Real Estate News
If today’s red-hot market isn’t offering fast enough home sales, you might want to look to Zillow. With a new program called Instant Offers, the site can now bring instant cash offers right to your door – no listing, marketing or showings necessary.
April 13, 2018 in Real Estate News
It seems Millennial homebuyers are more likely to lean on their real estate agents than buyers in other generations. According to a new study, Millennials are more willing to rely on agent recommendations and less likely to do their own self-directed research before buying a home.
April 12, 2018 in Real Estate News
It’s no secret that home prices have risen in recent months, but in some housing markets, they’ve gone off the charts. Where are the most expensive places to buy a home? A new study has the answers.
April 10, 2018 in Real Estate News
Looking for a new place to call home? You might want to consider Ann Arbor, Michigan. According to a new ranking, it’s the No. 1 best place to live in America – and for good reason.
April 6, 2018 in Real Estate News
It seems real estate agents should get to work on their texting skills. According to a recent survey from Ellie Mae, homebuyers are increasingly expecting to text with their realtors – as well as other industry pros – as they go about the buying process. Fortunately, a new emoji app can help.
April 3, 2018 in Real Estate News
What are America’s highest paying cities? You might be surprised by the answer.
March 28, 2018 in Real Estate News
If Millennials needed more reason to join the housing market, RENTCafe has just offered it. According to a new study from the apartment listing site, the average Millennial will spend a whopping $93,000 in rent costs by the time they’re 30.
March 27, 2018 in Real Estate News
It’s not just age that separates the nation’s biggest generations. According to recent data from Realtor.com, it’s also preferences in housing markets.
March 25, 2018 in Real Estate News
Tired of touring empty homes that just don’t feel like you? Can’t imagine yourself in a house due to the current owner’s starkly different tastes in décor? Thanks to a new virtual home staging app, these challenges are no more.
March 23, 2018 in Real Estate News
As a homebuyer, acting fast is vital in today’s market – even in some of the nation’s smaller markets. According to new data, homes averaged a mere 62 days on market last month, the lowest February stat on record.
March 22, 2018 in Real Estate News
After two months of consecutive drops, it seems existing home sales are finally on the rebound. According to new data, sales on existing homes jumped 3 percent last month and more than 1 percent over the year.
March 20, 2018 in Real Estate News
Though Millennials may be known as tech-savvy disruptors to many, data shows they’re more traditional than most think. In fact, according to the National Association of Realtors, Millennial homebuyers consider proximity to friends and family more of a factor than either Generation Xers or young Baby Boomers.
March 19, 2018 in Real Estate News
Rising home prices might be getting buyers down, but for already existing homeowners? They’re offering serious financial benefits. According to new data from CoreLogic, the average homeowner saw their home equity jump by more than $15,000 last year alone – the biggest increase in four years.
March 16, 2018 in Real Estate News
Can a home equal happiness? If you buy a house in Fremont, California it just might. According to a new ranking, Fremont is the nation’s happiest city, boasting ample health, employment and community opportunities.
March 15, 2018 in Real Estate News
Single women home buyers may make up one of the biggest segments of the market, but that doesn’t mean the world is their oyster. According to a new ranking, while some states offer women prime opportunities for employment, health, safety and overall well-being, just as many don’t. And most of those sub-par states? They’re in the South.
March 14, 2018 in Real Estate News
We all know it costs to buy a home. But what if your city actually helped you with those costs, giving you free land, cash grants and other financial incentives just to move there? In a handful of American towns, that’s exactly what buyers can expect.
March 8, 2018 in Real Estate News
Love sunshine and oranges? Ready to buy your first home? Then you might want to pack your bags and head to Tampa, Florida. According to a new ranking, it’s the No. 1 spot in the nation for first-time home buyers.
March 6, 2018 in Real Estate News
It seems home buyers are starting to look outside major metro areas – and even major suburbs, in order to find their dream homes. According to new data, demand is rising in outlier housing markets across the nation, with Spokane, Washington leading the pack.
March 2, 2018 in Real Estate News
It looks like 2018 is going to be a big year for the home remodeling market. According to new data, home improvement projects will clock in around $340 billion across the country this year – a jump of 7.5 percent over 2017.
March 1, 2018 in Real Estate News
Property taxes vary greatly across the country, either representing a mere blip on the radar or a massive, savings-depleting annual cost. Want to make sure yours fall into the former category? Then avoid New Jersey – and head to Hawaii.
February 27, 2018 in Real Estate News
Home buyers in San Francisco may be in luck. According to a new ranking, the city saw the most growth in new construction last year – and rates are still climbing.
February 22, 2018 in Real Estate News
State capitals are some of the nation’s biggest and most bustling cities. But how many are actually good places to put down roots and buy a home? According to a new ranking, only a few.
February 21, 2018 in Real Estate News
Homes are selling like hotcakes. According to a new report from real estate firm RE/MAX, last month was the fastest-selling January in the last nine years.
February 19, 2018 in Real Estate News
Could our housing inventory woes be on the way out? According to new data, it very well could be.
February 14, 2018 in Real Estate News
If you’re looking for a crime-free place to buy a house, it’s time to move Northeast. According to a new list from NeighborhoodScout, the region is home to many of the nation’s safest cities. The South, on the other hand, lays claim to the country’s most dangerous ones.
February 12, 2018 in Real Estate News
A new survey shows that when renters buy a home, it will likely be a lifestyle change that motivates them – either getting married, starting a family or retiring. And according to one economist, as Millennial marriages and pregnancies rise in 2018, it should equal a rise in housing demand as well.
Tips for landlords: how to avoid tenants who are identity thieves
February 8, 2018 in Real Estate News
It’s the moment everyone’s been waiting for. According to the latest Home Price Index Report from CoreLogic, housing prices are finally turning around, and by the time January’s numbers are in, could even be on the decline.
New tax cuts for landlords mean that if you don’t actively manage rentals yourself, the government has a present for you in the form of a 20 percent deduction.
February 6, 2018 in Real Estate News
Rising home prices or not, it appears the American dream of homeownership is still very much alive. According to a new survey, 32 percent of American say they’ll actually buy a home in the next five years.
February 2, 2018 in Real Estate News
If you’re looking to live in an up-and-coming area but can’t afford the price tag that typically comes with one, you may want to consider D.C.’s Hillcrest community. According to a new list, it’s one of 2018’s “hottest neighborhoods within reach.”
January 31, 2018 in Real Estate News
Rents are getting more and more out of hand. According to a new analysis from Trulia, some regions have seen rents rise as much as 50 percent in the last 10 years. The nation, as a whole, has experienced rent gains of nearly 20 percent since 2012.
January 30, 2018 in Real Estate News
A new spin on the rent-to-own set-up, Divvy allows potential home buyers to move into their dream home early – long before they can afford it all on their own.
January 23, 2018 in Real Estate News
If you want an easy time snagging that dream home, you might want to consider Youngstown, Ohio. According to a new study, the Midwestern city is home to the least competitive home buyers in the nation.
January 19, 2018 in Real Estate News
If you’re not looking to spend an arm and a leg on a house this year, then you might want to avoid buying a home Washington – and Seattle, in particular. According to a new forecase, home prices are expected to jump more than 12 percent in Seattle over the year.
January 18, 2018 in Real Estate News
Things are looking up for the U.S. housing marketing in 2018 – at least according to one CEO. It seems changing migration patterns and increasing housing starts all spell good news for the market as we head into the new year.
January 17, 2018 in Real Estate News
Finding the perfect place to live is hard, but according to Redfin, Chicago might be the place to start. The Windy City is home to a number of the nation’s best neighborhoods – communities with affordable housing, high levels of inventory, an easy commute, low rates of crime and great schools.
January 16, 2018 in Real Estate News
When it comes to moving, Americans largely headed south in 2017. According to new data, Texas was the top state for U.S. migration, while Tempe, Arizona, took the honors for top city.
January 12, 2018 in Real Estate News
Need help saving for your down payment? Then you may want to find a new job. Thanks to a new offering from crowdfunding platform HomeFundMe, employers can now make down payments a bona fide part of their benefits packages.
January 11, 2018 in Real Estate News
Looking for the life of luxury? Then you’re in luck. The luxury real estate market isn’t as inventory-strapped as more affordable housing is. In fact, there’s actually a pretty wide selection of luxury properties on the market as we kick off 2018.
January 9, 2018 in Real Estate News
Don’t want to waste your life away with tedious and traffic-filled commutes? Then Eugene, Oregon, is the place to be. With a mere 19-minute average morning drive-time, it’s the nation’s single-best metro for commuters.
January 6, 2018 in Real Estate News
It seems lending standards are loosening for Millennial home buyers. According to new data, the average FICO score for a Millennial buyer has dropped two full points over the last year. Scores are down even more on refinance loans.
January 5, 2018 in Real Estate News
America’s rental market is on a downturn. According to a new report, not only has the overall renter population decreased in the last year, but rental prices have jumped as well. Could it spell good news for housing?
December 30, 2017 in Real Estate News
Want to avoid a bidding war? You might want to steer clear of the West Coast — and particularly Seattle.
December 24, 2017 in Real Estate News
Confidence up, renting down It looks like 2018 could be a banner year for housing. Not only has homebuilder confidence has hit its highest point in 18 years, but renting – and the building of rental units – is on a downturn. Both spell good news for the housing market. Buoyed builders According to the […]
December 23, 2017 in Real Estate News
Buying with Bitcoin With Bitcoin value jumping more than 183 percent in November alone, there’s no doubt that cryptocurrency is booming. But could it be a viable way to buy or sell a home? Apparently, it already is. Cashing in on cryptocurrency As of Dec. 12, one Bitcoin was worth just under $17,000. And as […]
December 22, 2017 in Real Estate News
Appraisals start to match up Appraisals have long been the bane of home buyer existence. As home prices have climbed, appraisals just haven’t caught up, and the result has been more and more out-of-pocket expenses for today’s buyers, or a lost sale altogether. Fortunately, it looks like those days may be numbered. Buyers, appraisers finally […]
December 21, 2017 in Real Estate News
A new type of dream home With inventory tight and prices rising, many home buyers are having to give up some of those “nice-to-haves” in order to find a house in today’s market. But according to a new survey, there are five major attributes buyers just aren’t willing to budge on. No compromise ValueInsured recently […]
December 20, 2017 in Real Estate News
Buyer preference breakdown It appears the ultimate dream home looks very different from buyer to buyer. According to a new study, men, women, parents, non-parents and even dog- and cat-owners have distinct preferences when it comes to homes they’ll buy. There are even big differences between Android and iPhone users. Men vs. women Redfin recently […]
Many homebuyers and property owners have questions about the new tax reform bill and real estate. Here’s what you need to know about the possible effects on property ownership.
The mortgage experience is not completely equal for the male versus female Millennial homebuyer.
Selling a house is a lot of work, specially the preparation. But a new service can take care of that for you. So you can increase your sales price without doing all that work yourself.
December 7, 2017 in Real Estate News
Can real estate agent be replaced by robots? Not yet, but new technology helps your agent help you. Or lets you tour homes worldwide from your own home.
Where are the safest cities to buy a home in the US? not just crime, but natural disasters and traffic safety are all concerns. This new ranking addresses them.
Housing inventory is rising in many markets. That should increase the supply of affordable homes for new buyers.
Like new It’s all about new properties with today’s home buyers. According to new data from the U.S. Department of Commerce, sales of new homes spiked in October, jumping more than 6 percent over the month. Sales up About 685,000 new homes sold in October – up from 645,000 in September. It’s the third month […]
December 2, 2017 in Real Estate News
What do today’s real estate buyers want in a real estate agent?
2017 was a stellar year for real estate. But will real estate be a good value in 2018, and should sidelined home buyers buy now or wait? See our housing market forecast for answers.
December 1, 2017 in Real Estate News
Homebuying hope There’s been a lot of talk about Millennial home buyers as of late – particularly how many just can’t drum up enough funds to enter the market. But according to a new list, there are 15 states where home buying isn’t just possible for Millennials – it might even be easy. Why West […]
November 30, 2017 in Real Estate News
Moving North Buyers looking for low-priced housing in the next year or so may want to head North. According to the new Housing and Mortgage Market Review from Arch MI, Alaska, North Dakota and Wyoming are the states most likely to see home prices drop in the near-term. Alaska tops the list Alaska has the […]
November 29, 2017 in Real Estate News
Was last year the best year in housing markets ever? Some experts say this year may be even better for home buyers as more construction helps bring prices down.
Home prices have risen alarmingly recently, putting pressure on first-time buyers to find affordable properties. But things might be improving for those trying to buy a home this year.
November 27, 2017 in Real Estate News
Where should you move for retirement?
Military veteran’s good deed doesn’t go unnoticed Kate McClure had no idea how she was going to get gas. Parked off an exit, past midnight she sat in her car. It was then a dark shadowy figure started walking towards her, a man with a large beard in a raincoat. “Lock your doors and stay […]
Builders are confident and doing well, and new home construction is up. This is good news for buyers who are looking for affordable homes
Mortgage refinancing is popular again, as interest rates fall.
November 20, 2017 in Real Estate News
Problems finding a nice and affordable home? You may have more resources than you think. Try Facebook Marketplace, the latest online home listing site.
November 16, 2017 in Real Estate News
If you thought mortgage lenders were tough on those with a less-than-great credit score, think again. In many cities, it’s harder to rent with a low credit score than to buy a home.
Tax reform is trying to make its way through Congress. If passed, what would it mean for the everyday home buyer and home owner?
With housing heating up, people are able to makes moves they might have been putting off. And some nice towns have reaped the benefit of that — including San Diego, California.
An increase in new home construction is good for today’s homebuyers.
Post-hurricane jobs numbers not as strong as expected The October jobs report is in, and the numbers are a mixed bag. The U.S. economy added 261,000 nonfarm payroll jobs in October, according to the U.S. Bureau of Labor Statistics. A hiring rebound at restaurants and bars impacted by recent hurricanes helped boost numbers. However, October’s jobs […]
Millennials impacting the housing market According to one national housing trend report, first-time buyers make up 47 percent of all purchases. Half of those buyers are under 36 years old. It’s safe to say that (finally!) millennials comprise a large segment of homebuyers. Millennials only group “moving up” in homeownership The Zillow report indicated that […]
Is it the right time to become a homeowner? Many home buyers and sellers believe that it is. And with interest rates still below 4 percent, you should probably consider homeownership as well.
Rising rents don’t just make monthly existence hard for enters. They harm the economy for many of the rest of us.
If you like amenities but crave a small town atmosphere, these best small cities deliver. And hey are mostly in the northeast,
if you;re looking for affordable big cities, you know it’s a tough ask. But we’ve just made it a little easier with this list of most and least affordable big cities.
Want to save on closing costs? Try moving to a different state. Costs differ substantially by location. If that’s not possible, however, we have more tips for you at The Mortgage Reports.
It’s a jungle out there for home buyers Pending home sales remained unchanged in September from the downwardly revised reading of 106 in August, on the National Association of Realtors’ Pending Home Sales Index. Pending home sales: Was it Irma’s fault? The index measures future market activity based on contract signings. September’s reading is the […]
New home sales are rising. And so is inventory, finally, as builders attempt to keep up with demand.
Housing markets are coming up roses, even though summer’s over. Here’s what you need to know if you’re buying or selling today.
October 25, 2017 in Real Estate News
The new Amazon delivery service gives carriers the ability to unlock your front door to leave packages Ever bought a package on Amazon and thought, “I hope no one takes it off my front step?” Well, Amazon has announced a new program that will allow deliveries inside your home… when you’re not home. Welcome to […]
4 U.S. cities ranked among world’s most affordable Houston, Texas has some of the most affordable housing in the world. According to Bloomberg’s recent Global City Housing Affordability Index, it’s one of just four U.S. cities to make the top 10 list. The index considers average housing cost as a percentage of monthly income. The world’s most […]
Millennials are moving to the suburbs in rural areas in suburbs now that they’re able to purchase more. Not only that, but they’re buying bigger cars.
October 21, 2017 in Real Estate News
According to a research study, 25 million adult children ages 25-35 years old are moving back to their parent’s; the highest it’s been since the 1940’s.
The South takes the cake If you’re looking to buy a home in this fall, you might want to consider heading south. According to Ten-X’s fall 2017 Top Single-Family Housing Markets Report, that’s where the majority of the nation’s strongest markets lie. In fact, the Lone Star State alone claimed the top three spots. Texas […]
Today’s housing market is churning — full of buyers and sellers — for good reason.Money is available and inventory is improving.
When it comes to the appreciation value of a home, single men see a better return than single women.
October 11, 2017 in Real Estate News
Younger home buyers are dominating the housing market in some unlikely places. What’s drawing them to these little-known areas?
Building is up, but so is buyer demand. Is increased construction spending by builders enough to alleviate price increases?
if you’re buying a home in the (expensive) Seattle area, this new program by Loftium and Umpqua Bank might help. It provides down payments to those willing to participate in the program.
September 20, 2017 in Real Estate News
In the news, building starts were down in July; many believe due to hurricane activity.
September 7, 2017 in Real Estate News
The king and queen of entertainment just took on a huge monthly payment — more than the average American spends on an entire house.
August 2, 2017 in Real Estate News
It’s the best time of 2017 to get pre-approved. Fall is coming, and it could become way easier to buy a home. Forecast and analysis.
What will home prices do in 2017 and beyond? Find out what Harvard University researchers cam eup with in their latest study, The State of the Nation’s Housing — 2017 Edition.
June 21, 2017 in Real Estate News
Home supply is tight, and homes are selling fast. Mortgage rates are favorable. Is it time to enter the market?
June 7, 2017 in Real Estate News
If you’re selling a home, it helps to know your market. Meet gen X and Gen Y, your buyers.
May 24, 2017 in Real Estate News
Home prices actually fell during the first quarter of 2017. Was the drop seasonal, or will home prices continue to decline this year?
Rising home prices this year could mean another real estate boom — or another real estate bubble. How can you tell?
April 30, 2017 in Real Estate News
It’s hard to know what not to do — especially when it’s your first time buying a home. Here are 5 common but avoidable mistakes.
April 25, 2017 in Real Estate News
Median Days on Market still ultra-low as homes sell in less than a week in many U.S. cities. “You snooze, you lose”, as they say. Analysis and commentary.
January 19, 2017 in Real Estate News
Home builders are trying to keep up with buyer demand. Prices are on the rise, but mortgage rates remain historically low. Time to start home shopping?
January 7, 2017 in Real Estate News
Buying a house in a hot market requires a cool head. Consequently, would-be buyers must be prepared to act fast and pursue effective strategies to win their desired dwelling.
January 2, 2017 in Real Estate News
Selling your home? Make sure you stage it for sale. Staged homes sell 73% faster than non-staged homes; and sell at higher prices, too. Here’s how to do it.
December 28, 2016 in Real Estate News
For the 31st straight month, the Pending Home Sales Index bested its benchmark reading of 100. It’s no wonder home prices continue to rise nationwide.
December 16, 2016 in Real Estate News
Home builders are trying to keep up with fierce buyer demand. Prices are on the rise, but mortgage rates remain historically low. Is it time to start your home search?
November 15, 2016 in Real Estate News
Buying a house delivers many more benefits than the roof over your head. Here are 7 more reasons to consider homeownership today.
October 20, 2016 in Real Estate News
“What’s my house worth?” With today’s rising property values, your hous may be worth more than you think. Here’s how to find out.
2016 was a stellar year for real estate. But will real estate be a good value in 2017, and should sidelined home buyers buy now or wait?
August 27, 2016 in Real Estate News
The emerging generation is as much interested in home buying as any generation before. Fueling the enthusiasm is a new menu of affordable mortgage programs.
August 3, 2016 in Real Estate News
You can estimate the additional costs of owning a home and budget accordingly to ensure an enjoyable homeownership experience.
July 16, 2016 in Real Estate News
Young adults are shopping for homes where they are likely to find a job as well. Low mortgage rates make it easier to afford homes in employment-rich areas.
May 14, 2016 in Real Estate News
Selling a home and buying another comes with significant costs. Would it be better to build an addition onto your home?
May 5, 2016 in Real Estate News
Home improvements are highly personal, but homeowners should consider whether the upgrades will command a higher price from future buyers.
February 25, 2016 in Real Estate News
In Q4 2015, the Home Opportunity Index rose to 63.3%. However, this is only because mortgage rates remained low — and buyers are glad that they did.
October 29, 2015 in Real Estate News
The old real estate adage — “Location, location, location” — may not be the most important piece of advice today’s home buyers need to hear.
May 25, 2007 in Real Estate News
When buyers and sellers look for common negotiating grounds, it’s common for the buyer to request home improvements to be made prior to the sale. The request may be phrased in any number of ways: “The hardwood floors are warped and we think the seller should pay for it.” “There…
2018 Conforming, FHA, & VA Loan Limits
Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)